Aurizon Responds to Alamos Offer Expiration
Gold – Aurizon Mines' (TSX:ARZ) Board of Directors commented on the unanimous recommendation that shareholders reject the unsolicited offer put forward by Alamos Gold.
Articles Tagged "TSX:ARZ"
Gold Trades Flat; Detour Gold Secures $135-million Cushion
Gold – Detour Gold, a mid-tier company sitting on what could be the largest gold mine in Canada, received an injection of cash this week.
Hecla Trumps Alamos with $796-million Offer for Aurizon
Gold – The $4.75-per-share offer announced on Monday bests Alamos Gold's hostile bid for Aurizon, thus creating a company worth $1.6 billion.
Aurizon Mines Asks Shareholders to Reject Alamos Offer in Favour of Superior Offer from Hecla
Gold – Aurizon Mines Ltd. (TSX:ARZ, NYSE:AZK) is asking shareholders to support Hecla Mining Company's bid.
Aurizon Recommends “No” to $780-million Takeover Offer
Gold – Aurizon has recommended that shareholders reject a $4.6-per-share hostile bid as "inadequate and opportunistic."
Gold Going to $1,847 This Year: GFMS
Gold – Gold bugs had something to celebrate this week when Thomson Reuters GFMS stated in a report that gold will reach record highs in 2013.
Alamos Gold Plans Purchase of Aurizon Mines for C$780 Million
Gold – Alamos Gold Inc. (TSX:AGI) announced that it has put forward an offer to acquire all of Aurizon Mines Ltd.'s (TSX:ARZ,AMEX:AZK) outstanding shares for about C$780 million in cash and stock. The offer values Aurizon at $4.65 per share and will remain open until February 19, 2013 at 5:00 p.m. EST.
Aurizon Completes Phase II Drilling At Marban Block
Gold – Aurizon Mines Ltd. (TSX:ARZ) reported the completion of the phase two exploration program on NioGold's Marban Block property, in Abitibi, Quebec. Results from the 31 holes drilled discovered a new high grade zone north of the Marban deposit and south og the Norlartic deposit.
Aurizon Mines New Drill Results Confirm And Expand Mineralization At Casa Berardi
Gold – Aurizon Mines Ltd. (TSX:ARZ) announced additional drill results from 24 new holes from the drill program at Casa Bernardi mine in Quebec. The results of the that returned mineralization confirmed the mineralization of the area and indicated new mineralizared adjacent areas.
Aurizon Profit Skyrockets in First Quarter
Gold – Mining Weekly reported that Aurizon Mines (TSX:ARZ) reported 238% higher quarterly profit due to higher output and prices.
